TMUS Trade on Jun 4, 2015 10:44 from ToqueX: Tradervue User Stock Trades.

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Grade=D

The setup: bear flag

The result: The stock wasn't doing much of anything and then it popped before eventually fading. I entered here thinking the stock was looking "heavy" and was expecting some further retracement of the gap to happen here and perhaps a slow fade if nothing else.

The lesson: This is T-mobile, a stock that Kunal might call a "grandpa stock". It popped up on news, but the action had died down considerably by the time I got in. The stock wasn't really "in play" at this point, so I would prefer some more signs of weakness before repeating this kind of trade. Not much range in this area.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-06-04 10:44:00	TMUS	sell	$40.030	short
2015-06-04 10:49:14	TMUS	buy	$40.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TMUS&trade=2895615&end=20150704&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TMUS&trade=2895615&end=20150604160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TMUS&trade=2895615&end=20150604131914&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TMUS&trade=2895615&end=20150604111714&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

TMUS Trade on Jun 4, 2015 10:44 from ToqueX: Tradervue User Stock Trades.

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